Month: March 2025

Starcore Reports Q3 Results

“This quarter represents a return to full production and it is reflected in good earnings from mining operations of $2.1million and positive cash flow,” reported Robert Eadie, CEO of the Company. “With the finalization of the carbonaceous ore tests, we expect further increase in monthly metal production going forward.”

Goldgroup Announces Upsizing of Proposed Non-Brokered Private Placement

Goldgroup Mining Inc. announced on March 12, 2025, an upsizing of its non-brokered private placement from 23.33M to 25.83M units at $0.30 each, for gross proceeds of ~$7.75M. Each unit: one share + ½ warrant ($0.45 exercise, 24 months). Proceeds for mine improvements, PEA update, debt, working capital; subject to TSXV approval.

Diamond Drilling Intercepts 15 Metres Grading 3.02 g/t Gold-Equivalent on the Loma Verde Vein on the Coneto Gold-Silver Project in Durango, Mexico

John Eren, President and CEO states, “The Loma Verde vein was intercepted in every hole in this phase of the program, thus confirming the strong continuity over 1.2 kms strike length. There is also further depth potential with the down-dip of the mineralized shoots. This is a true gold-silver project, as each precious metal accounts for roughly half the contained value.”

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